The Bailout: An Owner's Manual
Congratulations. If you're an American taxpayer, you've just become the owner of a brand-new $700 billion attempted bailout of the U.S. financial system.
After a 263-171 vote by the U.S. House of Representatives Friday, President Bush signed the legislation, aimed at rescuing the freezing credit markets in an effort to shore up the failing economy.
Actually, it's a bit bigger than $700 billion. The version of the bill that passed Friday ...
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